Aged 3Pacts
Also referred to as an Aged PACT or PACTs.
Distribution & Vesting Mechanics
To best understand the details provided below, please ensure you have read the overview of 3Pacts.
Overview
An Aged 3Pact (Aged PACT) represents a fully active position within the 3 protocol. This page details the mechanics for interacting with its linked GUILD units and the protocol distribution models it engages with.
Vesting the Linked GUILD Units
The 10,000 GUILD units linked to each Aged 3Pact are accessed via a programmable vesting schedule.
Initiation: The holder can initiate this schedule at any time via a non-reversible transaction.
Distribution: Once initiated, the 10,000 GUILD units are transferred from a protocol module to the holder's address linearly over a 12-month period, which includes an initial 30-day delay.
Post-Vesting: Vested GUILD units can be held, used in other protocol interactions, or exchanged via the Settlement module according to its programmed logic.
Protocol Distribution Models
Holding an Aged 3Pact aligns a participant with the following potential protocol distribution mechanisms:
ETH Distributions: Holders of Aged 3Pacts may receive pro-rata allocations of ETH generated by the protocol's autonomous operations, distributed via a specific module. Eligibility for these potential distributions begins upon holding an Aged 3Pact.
Lending Module Distributions (Stage 4): Upon the activation of future protocol modules (e.g. a Single-Sided Lending Pool), the GUILD units linked to 3Pacts may be programmatically deployed. If activated, this could enable holders to receive distributions of assets generated from those module's operations, subject to their performance.
These are separate, programmed distribution mechanisms within the protocol's architecture.
System Position Summary
Holding an Aged 3Pact represents a specific, long-term alignment with the protocol's operational logic. Its design incorporates:
Unit Access: A programmed schedule for receiving the linked GUILD units.
Protocol Distributions: Eligibility for potential ETH distributions from system operations.
Future Module Interaction: A designed interaction with planned protocol modules.
This position is structured for participants with a long-term orientation toward the protocol's automated mechanics.
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